Homes for sale - 114 8th ST, Fairmont, MN 56031

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Nick Leavy

nick@iheartexit.com +1(612) 236-5331

$79,000

Est. payment - /mo

4 Beds

3 Baths

3,228 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,228 sqft

Price per Sqft $24

Subdivision Garlicks

MLS Listing ID 6716888

Style (MF) Triplex

Bedrooms 4

Year Built 1915

Annual Tax Amount $1,146

Lot Size 9,583 Sqft

Acres 0.22

Lot Dimensions .224

Property Description

Income-Generating Triplex with Separate Entrances! Discover a prime investment opportunity with this, perfectly designed for steady rental income. This property features three distinct units: Unit 1 offers a spacious main-floor kitchen and dining area, with two bedrooms and a full bath located on the second level—ideal for tenants seeking extra space. Unit 2 is a cozy upper-level unit featuring one bedroom, a ¾ bath, and an additional flexible room perfect for use as an office or potential second bedroom. Unit 3 is a main-floor, rear-facing unit with a dine-in kitchen, comfortable living room, one bedroom, and a full bath—perfect for those who prefer single-level living. All three units have separate entrances for privacy and convenience, while a shared basement provides ample storage space and a common laundry area. Tenants enjoy access to a detached 24x24 garage, adding extra value. Tentants pay their own electric bill, owner takes care of gas and water. Financials are available upon request. Don't miss this opportunity to add a solid, income-producing asset to your portfolio. Schedule a showing today!

Location

State MN

County Martin

Community Garlicks

Direction From Hwy 15, turn west on 10th Street. Once you get to N North, turn left until you come to 8th Street and the triplex is on the south side of the street.

Rooms

Basement Full, Unfinished

Interior

Heating Boiler

Exterior

Garage Spaces 2.0

Roof Type Age Over 8 Years,Asphalt Shingles

Accessibility None

Total Parking Spaces 2

Building

Lot Description Tree Coverage - Medium

Water City Water/Connected

Architectural Style (MF) Triplex

Others

Senior Community No

Tax ID 231200040

Acceptable Financing Cash, Conventional Rehab

Listing Terms Cash, Conventional Rehab

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Listed by RE/MAX TOTAL REALTY

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Nick Leavy

+1(612) 236-5331

President | License ID: 40668858

President License ID: 40668858

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114 8th ST Fairmont, MN 56031

Nick Leavy

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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